The Entrepreneur’s Space

Top 5 reasons to try out co-working

About the event

Entrepreneurs and business owners are always on the hunt for new angles and ideas that will take their company to the next level. The idea of shared office spaces or “co-working” is one of those popular trends that has hit the scene and has professionals everywhere absolutely buzzing.

So is this trend right for you?

Below, you will find a list of 5 reasons why you should consider moving to a shared office space today.

It’s a cost-effective option

Why bog yourself down with unnecessary overhead and stress? Your bottom line and time are always top of mind as a business owner. By sharing common areas and amenities with other like-minded business professionals you are saving significant funds each month. Thousands of businesses are embracing this forward-thinking approach and reaping the benefits.

It allows for extensive networking

One really great thing about co-working would have to be that it makes networking that much easier. By sharing your office space with other industries, you are able to meet people who may expand your knowledge on topics that will aid your business getting a leg up on the competition.

Low commitment, high flexibility

It’s no secret that everyone, business owners and entrepreneurs included, enjoy the convenience of flexibility in life. The fact that many shared office spaces tend to offer month-to-month payment options or short-term leases really takes away the stress of needing to commit long term. No need to be locked into a lease that doesn’t allow for movement. As your business changes, so should your office space.

Location, Location, Location

Businesses, especially when they are just starting out, often can not afford office space in the locations that are most optimal for their success. The most ideal office settings tend to cost way over budget for many companies. Shared office spaces, on the other hand, make it so these beneficial locations are attainable even to the newest start-ups with small budgets.

Amenities & Resources

Shared office spaces often offer a wide variety of amenities that would traditionally be additional monthly expenses. It is not uncommon for these spaces to provide benefits such as: high-speed wifi, business equipment, mail services, delivery services and boardrooms. Some even go that extra mile and offer their guests full time reception, concierge services and free parking.

These 5 ideas are only a handful of reasons why shared office spaces and co-working are beneficial to a business’ success. If your company is in the market for a new location to build your business, maybe it is time to consider giving a shared office space a shot.